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<h1>Auditor reporting requirements must disclose statutory compliance, loans, defaults, frauds, related-party and funds-use matters in report.</h1> The auditor's report must state whether the company maintains and verifies fixed asset records and inventories, holds title deeds, and how material discrepancies are treated; disclose loans, guarantees, investments and compliance with sections 185 and 186, repayment schedules, overdue amounts and recovery steps; confirm compliance with deposit and tribunal orders; report defaults on borrowings, application of IPO/term loan proceeds, frauds with nature and amounts, managerial remuneration approvals, related-party transactions and disclosures, preferential/private placements compliance, non-cash director transactions, cost records where mandated, Nidhi company norms, and RBI registration where required.